Search For "imf bailout"
Pakistan has to repay USD 2.44bn external debt in July 2023
Updated : 2 years, 7 months ago IST
According to official information made accessible to The News, Pakistan must pay back the Kingdom of Saudi Arabia USD 195 million for the current month. According to The News International, Pakistan is required to repay China around USD 363 million in guaranteed bilateral loans, including
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Despite IMF's bailout, Pakistan still in economic crisis
Updated : 2 years, 7 months ago IST
After the International Monetary Fund (IMF) approved a 9-month stand-by-arrangement (SBA) of USD 3 billion, Pakistan has received sight of relief but it needs to realise that the country has to do everything to increase tax revenue so that it can come out of the economic crisis.
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IMF gives approval for USD 3 billion stand-by arrangement for Pakistan
Updated : 2 years, 8 months ago IST
The IMF's announcement on Wednesday came after Pakistan Finance Minister Ishaq Dar said that Pakistan received USD 1 billion from the UAE as part of its financial commitment to help Pakistan receive the IMF bailout package.
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Pakistan secures IMF bailout through US assistance: Report
Updated : 2 years, 8 months ago IST
Although, Pakistan was able to secure a bailout from the International Monetary Fund (IMD), it was after the key "behind-the-scenes" role played by United States, that the deal was secured.
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IMF bailout will help strengthen Pakistan's foreign exchange reserves: PM
Updated : 2 years, 8 months ago IST
After Pakistan signed a staff-level agreement on a "standby arrangement" for nine months, contributing to Pakistan's economic stability, Prime Minister Shehbaz Sharif expressed his appreciation on Friday, ARY News reported.
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Pakistan: Talks in progress to 'quickly reach agreement on financial suppo
Updated : 2 years, 8 months ago IST
Ahead of the economic meltdown in Pakistan, International Monetary Fund's Mission Chief to Pakistan, Nathan Porter has said that discussions with Pakistani authorities are underway "with the aim of quickly reaching an agreement on financial support from the IMF", reported Geo TV.
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Sri Lanka Parliament to hold special session on Saturday to discuss debt r
Updated : 2 years, 8 months ago IST
In order to discuss getting Parliament's approval for the domestic debt restructuring process in Sri Lanka, a special weekend session will be held this week, Dailymirror reported.
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Pak Minister hints at settling issues for stalled IMF bailout, promises "r
Updated : 2 years, 9 months ago IST
"We are following the programme in earnest at this stage and strongly hope that issues with the IMF would be settled very soon as the prime minister, the Ministry of Finance and the entire government were committed to the IMF programme and its amicable completion," said Minister of State for
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IMF urges crisis-hit Sri Lanka to decide on debt restructuring, including
Updated : 2 years, 9 months ago IST
China's role as Sri Lanka's main creditor has drawn global attention, as the delay caused by China in obtaining the IMF bailout is being closely monitored and questioned. Similarly, China, being a major creditor of Sri Lanka, closely observes other countries' actions regarding an IMF bailout
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Pakistan looking towards friendly countries for funding following delay in
Updated : 2 years, 10 months ago IST
The current loan programme with the IMF will end on June 30, 2023, and Pakistan is now 'considering' a new IMF programme on renewed conditions.
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External financing requirements for IMF deal with Pakistan not changed, cl
Updated : 2 years, 10 months ago IST
On Sunday, Perez Ruiz said that external funding requirements had not changed throughout the discussions, under a review that would unlock USD 1.1 billion in financing for the cash-strapped South Asian nation as part of a USD 6.5 billion IMF package, Dawn reported.
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IMF asks Pakistan to arrange USD 8 billion for successful bailout review
Updated : 2 years, 10 months ago IST
A staff-level accord to release a USD 1.1 billion tranche out of a USD 6.5 billion IMF package has been delayed since November, with nearly 100 days gone since the last staff-level mission to Pakistan.
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